Critical Mineral Resources (LON:CMRS) Shares Down 9.8% – Here’s Why

Critical Mineral Resources PLC (LON:CMRS)’s stock price fell 9.8% on Tuesday . The company traded as low as GBX 3.70 ($0.05) and last traded at GBX 3.70 ($0.05). 1,791,488 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 1,111,231 shares. The stock had previously closed at GBX 4.10 ($0.05).

Critical Mineral Resources Trading Down 9.8%

The stock has a market cap of £5.01 million, a price-to-earnings ratio of -3.36 and a beta of 1.58. The company has a fifty day simple moving average of GBX 3.90 and a 200-day simple moving average of GBX 2.21.

Critical Mineral Resources (LON:CMRS) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.30) EPS for the quarter.

Insider Activity at Critical Mineral Resources

In other Critical Mineral Resources news, insider Charles Long bought 354,000 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was acquired at an average price of GBX 4 per share, with a total value of £14,160. Also, insider Dominic Traynor purchased 490,476 shares of the stock in a transaction dated Wednesday, August 27th. The shares were acquired at an average price of GBX 4 per share, for a total transaction of £19,619.04. Insiders own 20.43% of the company’s stock.

About Critical Mineral Resources

Critical Mineral Resources is a Moroccan focused company developing a sediment-hosted copper and silver project in the Anti Atlas.